Insteel (IIIN) director awarded RSUs as 2,703 shares vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insteel Industries director Thompson G. Kennedy reported equity compensation activity involving restricted stock units (RSUs) and common shares. On February 10, 2026, he received a grant of 2,297 RSUs, which are scheduled to vest on February 10, 2027 and convert into common stock on a one-for-one basis.
On February 11, 2026, 2,703 RSUs vested and were converted into 2,703 shares of Insteel common stock at a stated price of $0 per share, reflecting an award conversion rather than an open-market purchase. Following this conversion, Kennedy directly held 34,117 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,703 shares exercised/converted
Mixed
3 txns
Insider
THOMPSON G KENNEDY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,703 | $0.00 | -- |
| Exercise | Common Stock | 2,703 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,297 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 34,117 shares (Direct)
Footnotes (1)
- Represents the vesting of Restricted Stock Units. Restricted Stock Units convert into common stock on a one-for-one basis. The Restricted Stock Units will vest on February 10, 2027. The Restricted Stock Units vested on February 11, 2026.
FAQ
What insider transactions did IIIN director Thompson G. Kennedy report?
Thompson G. Kennedy reported equity compensation activity, not open-market trades. He received 2,297 restricted stock units (RSUs) and had 2,703 RSUs vest and convert into common shares, increasing his directly held Insteel Industries common stock to 34,117 shares.
What new restricted stock units did the Insteel (IIIN) director receive?
On February 10, 2026, Kennedy received a grant of 2,297 restricted stock units. These RSUs are equity awards that will settle into Insteel common stock on a one-for-one basis when they vest, aligning his compensation with future company performance and share value.
When will the newly granted RSUs for the IIIN director vest?
The newly granted 2,297 restricted stock units for Kennedy will vest on February 10, 2027. Upon vesting, they are scheduled to convert into an equal number of Insteel common shares, continuing the director’s equity-based compensation and potentially increasing his direct share ownership.